In a move to mitigate the aftermath of the recent Ledger Connect Kit hack, Tether has proactively frozen the hacker’s address. Tether CEO Paolo Ardoino announced the freeze on social media hours after the hacker stole roughly $484,000 through a wallet drainer.
The move aims to prevent further unauthorized transactions and safeguard the assets of affected users. The intervention comes after a security breach that led to a loss of funds across multiple decentralized applications (dApps) and has heightened security concerns.
ConnectKit library compromised
A significant security breach occurred involving Ledger’s ConnectKit library, which has impacted several decentralized applications (dApps) and their users.
The breach resulted from malicious code inserted into the ConnectKit library, a crucial component used by various crypto applications for integrating with Ledger’s hardware wallet service. This code allowed a “wallet drainer” exploit, enabling unauthorized fund transfers fr
We współpracy z: https://cryptoslate.com/tether-freezes-ledger-exploiters-address/
